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FG earned N1.16bn from rail in six months – NBS

Between January and June this year, the Federal Government generated a total amount of N1.16bn from the rail transportation system. The figure was contained in...

FG issues licence for gold refining

The Federal Government on Monday announced that the country would soon commence the refining of gold as it had issued the first gold refining...

Nigeria needs $1tn investment to fix energy – Osinbajo

Vice-President Yemi Osinbajo on Thursday said Nigeria needed about $1tn investment to modernise its energy infrastructure in 29 years. He, however, noted that the report...

FG should make refineries, oil assets work for Nigerians-IMF

International Monetary Fund (IMF) has called on the federal government to make the nation’s refineries and oil assets work for the benefit of Nigerians. The...

Oil Dips As IMF Cuts Growth Outlook; Eyes On Hurricane

Oil prices slipped on Wednesday after the IMF lowered its global growth forecasts, but markets were supported as Hurricane Michael moved toward Florida causing...

IMF Cuts Global Growth To 3.7 %

The International Monetary Fund (IMF) has cut global growth projection to 3.7 per cent for this year and next. The new projection was announced by...

Dollar perched at six-week highs on U.S. yield surge

The dollar held at a six-week high on Thursday as an overnight jump in U.S. Treasury yields on the back of strong data prompted investors...

Amidst concerns over the continuous drop in the volume of the nation’s foreign reserves, the Central Bank of Nigeria (CBN) said yesterday that there...

Air passengers to pay $5 security levy

Tanzania has taken a major decision that could slow down tourism, imposition of security levy of $5 on every air passengers. The new levy, which...

Egypt leads Other African Countries In Foreign Investment Flow

Egypt has been ranked as the most attractive country in Africa for investment by the eighth edition of “Where to invest in Africa’’ of Rand...

16 Policemen Dead, 20 Rescued From Bandits In Zamfara

The Nigeria Police Force has disclosed that 20 of its personnel that were captured during an attack in Mahanga forest in Birnin Mogaji in...
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